The United States has experienced a rapid growth in home-based businesses in the last decade. The U.S. Census Bureau reports that there are now more than 11 million home-based businesses in the country, a figure that is expected to rise in the coming years. But if you run a home business, losses associated with that business may not be covered
Read MoreMany people overlook the need to properly insure their expensive jewelry, believing that it is automatically covered by their homeowners policy. While homeowners policies do cover jewelry, this insurance usually is subject to a much lower limit than the overall contents coverage. This reduced limit is called a “sublimit,” and a typical sublimit is $1,500 for loss by theft of
Read MoreDefective electrical wiring systems cause approximately 40,000 residential fires annually, according to a United States Consumer Product Safety Commission (CPSC) study. In addition, electric cords and plugs are involved in about 7,000 fires annually. The National Electrical Safety Foundation offers numerous tips to safeguard the home against electrical fire and related losses, including the following. * Verify that outlets and
Read MoreThe National Flood Insurance Program (NFIP) is one of the few sources of insurance for flood-prone communities that include millions of American homes and businesses. The program of the Federal Emergency Management Agency deserves recognition for NFIP insurance being the great bargain that it is. They list a few good reasons to purchase Flood Insurance. To read more, click here.
Read MoreThe Institute for Business and Home Safety has a great site that can help you prepare and protect your property from Hail, Flooding, Freezing, Earthquake and other natural disasters. Enter your zip code and the more common types of occurrences for your area will be listed.
Read MoreThe NAIC has compiled some suggestions to help lower your auto insurance premiums. To read their tips, click here.
Read MoreIf you’re planning a summer road trip, it’s crucial to review your auto insurance before you hit the road. In case you’re involved in an accident, it’s also important to know what happens when you file a claim. The National Association of Insurance Commissioners (NAIC) offers these tips for consumers planning summer travel.
Read MoreNearly all summertime, outdoor activities come with increased risks. A call to your insurance agent is always a good first step in making sure you are protecting yourself and your family. The National Association of Insurance Commissioners offers some tips to make sure you and your family are insured for the increased risks that come with outdoor activities. To read the
Read MoreIs the amount of property insurance on your home correct? What is the appropriate amount of coverage for your home? To begin with, it should be insured for at least 80 percent of its replacement cost when covered under a standard homeowners policy. Replacement cost refers to the amount necessary to repair or replace damaged building parts with items of
Read MoreIf you wonder as you pass through a state what their laws are regarding cell phone use and the use of seat belts, this list with some of the states should help: State Cell Phones Safety Belts Connecticut Hand-held phones may not be uses while driving Required for drivers and front-seat passengers; standard offense Delaware No restrictions Required for driver and
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